Is the cost of capital different from family firms? (Record no. 43614)

000 -LEADER
fixed length control field 01164nab a22001217a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 160615b1999 xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name McConaughy, Daniel L
245 ## - TITLE STATEMENT
Title Is the cost of capital different from family firms?
Statement of responsibility, etc. McConaughy, Daniel L.
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 1999
300 ## - PHYSICAL DESCRIPTION
Extent 353 - 360
520 ## - SUMMARY, ETC.
Summary, etc. It has been suggested that the cost of capital for a family firm depends on, among other things, a family effect, which deals with the family's relation to its business. Financial theory regarding the cost of capital states that the cost of capital is a market-based function of the characteristics of the investment, not the investor. This theory suggests that a firm's cost of capital does not depend on a family effect. However, not all financial economists' assumptions regarding the cost of capital hold for the family firm. This paper reviews the relevant literature regarding the cost of capital and applies it to the family firm. Knowing the correct cost of capital will enable family owner-managers to make better investment and financing decisions, evaluate performance, and structure rewards for performance.
773 ## - HOST ITEM ENTRY
Main entry heading Family Business Review
Place, publisher, and date of publication Dec
Holdings
Withdrawn status Lost status Damaged status Not for loan Permanent Location Current Location Date acquired Serial Enumeration / chronology Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
        Ahmedabad (HO) Ahmedabad (HO) 21/06/2016 Vol. 12, Issue. 4   020084 21/06/2016 21/06/2016 Articles

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